From the perspective of all the firms in an industry, the ideal collusive agreement is identical to the:

Regarding the reversals of impairments of long-lived assets,

The CEO of a large brokerage house informs one of the analysts that he should change his opinion from a "sell" to a "buy" on company RDE, since the CEO of RDE is a good friend of the CEO of the brokerage firm, and is not happy with the sell recommendation out on his company. What should the analyst do?

A bond is currently trading at 98.5 per 100 par, thus yielding 6.21%. It is estimated that the bond price will be 99.4 if rates decreased by 25 basis points and 97.8 if rates increased by 25 basis points. What is this bond's effective convexity?

A 5.25% coupon Treasury security with one year left to maturity is selling for 101.75, and a two-year
5 .45% coupon Treasury security is selling at a discount of 0.40% from par. Assume annual discounting.
The spot rate for the second year is